NextNav officer lists $1.1M in stock for potential sale
Rhea-AI Filing Summary
NEXTNAV INC. (NN) has a notice under Rule 144 filed by officer Mariam Sorond covering potential sales of up to 69,853 shares of common stock, held through restricted stock units and to be sold via Morgan Stanley Smith Barney LLC. The shares have an indicated aggregate market value of $1,108,567.11, compared with 168,809,910 shares of common stock outstanding. A prospective sale date of September 1, 2026 is listed, and prior 10b5‑1 plan sales over the last three months totaled 2,830 shares for $51,877.86.
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Key Figures
Shares covered by Rule 144 notice: 69,853 shares
Aggregate market value of shares: $1,108,567.11
Shares outstanding: 168,809,910 shares
+3 more
6 metrics
Shares covered by Rule 144 notice
69,853 shares
Common stock related to Restricted Stock Units listed for potential sale
Aggregate market value of shares
$1,108,567.11
Value of 69,853 shares of common stock in the securities information section
Shares outstanding
168,809,910 shares
Common stock outstanding for NEXTNAV INC.
Prospective sale date
09/01/2026
Date listed in the securities information section for potential sales
Recent 10b5-1 shares sold
2,830 shares
Common stock sold on 06/16/2026 under a 10b5-1 plan
Proceeds from recent 10b5-1 sales
$51,877.86
Total for 2,830 shares sold on 06/16/2026
Key Terms
Rule 144, Restricted Stock Units, 10b5-1
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Units financial
"Common | 08/29/2026 | Restricted Stock Units | Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
10b5-1 regulatory
"10b5-1 Sales for MARIAM SOROND 11911 Freedom Dr."
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
FAQ
AI-generated analysis. How Rhea-AI works. Not financial advice.